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SecondSwap launches mainnet on Ethereum and plans to expand to Solana

SecondSwap, a secondary token marketplace, launched its mainnet on Ethereum on Thursday with the aim of providing a more efficient market for non-current assets by eliminating intermediaries and establishing fair token values on the open market. SecondSwap uses a liquidity routing algorithm that optimizes trade execution and minimizes price slippage, ensuring a secure, scalable trading experience for buyers and sellers. "By introducing a decentralized orderbook exchange, we are bringing transparency to the token secondary market," SecondSwap founder Kanny Lee said in an email. "Our platform utilizes price discovery mechanisms such as market depth and liquidity analysis to provide visibility of buy and sell orders. Through seamless wallet integration, we ensure proof of control for sellers and proof of funds for buyers, thus enhancing security and trust."